| Cash Flow for DCB Financial Corp. (DCBF) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 139 | 7,353 | 7,556 | 6,975 | 5,029 | | Provision for Loan Loss | 10,159 | 1,808 | 2,000 | 1,696 | 1,418 | | Depreciation & Amortization | 1,450 | 1,496 | 1,917 | 2,709 | 3,171 | | Deferred Income Taxes | (1,051) | (12) | (2,288) | (80) | 209 | | Change in Assets (Receivables) | 377 | 185 | - | - | - | | Change in Liabilities (Payables) | - | - | - | - | - | | Investment Securities Gain | (33) | - | - | 4 | (51) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (116) | (343) | (372) | (2,677) | (1,628) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (2,865) | (3,050) | (968) | (6,844) | 6,093 | | Net Cash from Operating Activities | 8,060 | 7,437 | 7,845 | 1,783 | 14,241 | | | | Proceeds from Sale/Mat. Inv. | 22,194 | 22,183 | 31,343 | 55,709 | 72,827 | | Purchase of Investment Securities | (23,013) | (14,286) | (32,413) | (48,051) | (87,391) | | Net Increase Fed. Funds Sold | - | (71) | - | - | - | | Purchase of Property & Equipment | (5,890) | (1,580) | (1,057) | (499) | (281) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 18,377 | (976) | (70,970) | (75,143) | (32,785) | | Net Cash from Investing Activities | 11,668 | 5,270 | (73,097) | (67,984) | (47,630) | | | Net Change in Deposits | (13,220) | 20,189 | 49,332 | 12,222 | 3,729 | | Cash Dividends paid | (2,256) | (2,098) | (1,866) | (1,848) | (1,540) | | Repayment of Long Term Debt | (26,750) | (38,189) | - | - | - | | Change in Short Term Debt | 14,820 | (23,906) | 27,507 | 46,716 | 24,510 | | Issuance of Long term Debt | 26,500 | 29,000 | - | - | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 5 | 6 | - | - | - | | Purchase of Treasury Stock | (2,653) | (341) | (2,890) | - | (5,464) | | Other Financing Activities | - | 457 | - | - | - | | Cash from Financing Activities | (3,554) | (14,882) | 72,083 | 57,090 | 21,235 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 16,174 | (2,175) | 6,831 | (9,111) | (12,154) | | | Cash at Beginning of Period | 15,894 | 18,069 | 11,238 | 20,349 | 32,503 | | Cash at End of Period | 32,068 | 15,894 | 18,069 | 11,238 | 20,349 | | | |
